Is it safe?
Can HSIC take a bad year?
Henry Schein carries $3.27B of net debt at 3.38× EBITDA: a load its earnings can carry.
$3.27B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.38×
Net debt / EBITDA · 2.97× a year ago · the load is going up
- Altman Z-score
- 2.69
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 4.29×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $3.41B
- Cash and short-term investments
- $138M
- Net debt
- $3.27B
- EBITDA, trailing twelve months
- $967M
- Operating profit, trailing twelve months
- $660M
- Debt / equity
- 1.04×
- Total debt / EBITDA
- 3.52×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −41%
- Below its 52-week high
- −0.42%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.